22 Jul 2022
New partnerships to drive climate action
Prosus announces two new partnerships to support its climate transition plan, with BoardNow, and the Partnership for Carbon Accounting Financials (PCAF).
New partnerships to drive climate action
Prosus announces two new partnerships to support its climate transition plan, with BoardNow, and the Partnership for Carbon Accounting Financials (PCAF). Identifying scalable technologies, partnerships, and strategies to reduce our environmental impact and improve performance are fundamental to ensuring our own low-carbon growth.
BoardNow
The BoardNow programme is a coalition of companies committed to sustainable air travel by addressing the significant and growing environmental impact of aviation fuels. As a global consumer internet business, with a presence in more than 100 countries, a sizable portion of our corporate footprint comes from air travel emissions. By partnering with BoardNow, we will start to decarbonise our own air travel and support the development of a low-carbon pathway for air travel.
Prosus has signed a five-year partnership with BoardNow. Through this partnership we will purchase sustainable aviation fuel (SAF) credits from a dedicated sustainable aviation fuel (SAF) production facility, operated in the Netherlands by SkyNRG, amounting to 95 tonnes of SAF per year, starting in 2025.
Partnership for Carbon Accounting Financials (PCAF)
The Partnership for Carbon Accounting Financials (PCAF) is a collaboration between financial institutions worldwide to enable harmonized assessments and disclosures of greenhouse gas emissions financed by loans and investments. With more than 290 financial institutions from six continents, the group is rapidly expanding in North America, Latin America, Europe, Africa and Asia-Pacific. Prosus has joined the partnership to support the standardisation of methods and guidelines for climate accounting and target setting for investors. The partnership further strengthens our commitment to contribute to a decarbonised world.
About Prosus
Prosus is a global consumer internet group and one of the largest technology investors in the world.
Operating and investing globally in markets with long-term growth potential, Prosus builds leading consumer internet companies that empower people and enrich communities.
The group is focused on building meaningful businesses in the online classifieds, food delivery, payments and fintech, and education technology sectors.
Through the Prosus Ventures team, the group invests in new technology growth opportunities within logistics, fintech, health, blockchain, social and ecommerce platforms, agriculture and more.
The team actively backs exceptional entrepreneurs using technology to improve people's everyday lives.
Each month, over two billion customers across the globe use the products and services of companies that Prosus has invested in, acquired or built.